France's far-right leader, Marine Le Pen, convicted of embezzlement.

Live from the UK, this is the Marketplace Morning Report from the BBC World Service.

Hello, I'm Nick Kareci, standing in for Leanna Burn.

Some breaking news for you in the last hour.

A court in Paris has convicted the National Rally Political Party leader Marine Marie Le Pen, of embezzlement.

The French far-right politician had been accused of misappropriating European Union funds

to finance the work of her political party.

Prosecutors want her to be jailed and barred from office,

which could stop her running in the 2007 presidential election.

Now, stock markets in Asia have fallen ahead of President Trump's planned announcement of another wave of tariffs.

Japan's Nikai 225 index closed down more than 4%.

Here's the BBC's Faisal Islam.

President Trump says Wednesday will be Liberation Day, and negotiators in other governments believe the extent of import taxes will be down to his personal judgment.

The president's top trade advisor, Pete Navarro, has claimed tariffs will raise huge revenues.

He said the 25% levy on all car imports could raise $100 billion a year on a trade worth $240 billion.

He also stated the planned tariffs overall could raise $600 billion a year,

about a fifth of the value of total goods imported into the US.

That was Faisal Islam. President Trump's tariff threats aren't just about trade amid

efforts to secure a ceasefire between Russia and Ukraine. Trump has said he could levy an additional

50% tariff on any country that buys Russian oil if he feels Moscow is delaying a deal.

More on this from the BBC's James Landdale.

Russia's economy is not strong at the moment and the cheap energy that is being bought by China and India

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